What Function Do Ratings Agencies Serve in the Financial Markets

question 83

Essay

What function do ratings agencies serve in the financial markets?

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Definitions:

Counselors

Professionals who provide guidance and support in a variety of areas including mental health, education, careers, and relationships, aiming to help people navigate challenges and make positive changes.

After-School Activities

Programs and structured activities that children and adolescents participate in outside of the regular school curriculum, often aimed at developing specific skills or interests.

Academic Achievement

The extent to which a student, teacher, or institution has achieved their short or long-term educational goals.

Social Competence

The ability to handle social interactions and relationships effectively, including understanding and responding appropriately to social cues.